Blue Owl’s Stack weighing $30B sale of Asia operations — Bloomberg

• The potential deal is valued at over $30 billion and would involve Stack's data center assets in Australia, Japan, and Malaysia
• Infrastructure-focused funds and industry players are expected to be interested buyers, though no final decisions have been made
• Stack provides digital infrastructure solutions and operates a network of data centers across strategic Asia-Pacific locations

Summary

Key Development:

Stack Infrastructure, a data center company owned by Blue Owl Capital, is exploring strategic options for its Asia operations, including a potential sale valued at over $30 billion, according to Bloomberg sources.

Company Details:

The Denver-based firm specializes in digital infrastructure solutions and operates a network of data centers across strategic Asia-Pacific locations, including Tokyo. The potential divestiture encompasses assets in Australia, Japan, and Malaysia.

Transaction Status:

Stack has begun preliminary discussions with prospective advisers regarding either a partial or full sale of its Asian assets. The company has not yet made final decisions, and considerations remain in early stages. Neither Stack Infrastructure nor Blue Owl Capital has commented on the report, which Reuters could not independently verify.

Market Implications:

The $30+ billion valuation underscores the significant value of data center infrastructure in Asia-Pacific markets, driven by growing demand for digital services and cloud computing. Infrastructure-focused funds and industry players are expected to show interest in these assets, highlighting the sector's attractiveness to investors.

Sector Context:

This potential transaction reflects continued consolidation and strategic repositioning within the global data center industry. The substantial deal size demonstrates the premium valuations commanding mission-critical digital infrastructure assets, particularly in key Asian markets experiencing rapid digital transformation.

The deal would represent one of the larger infrastructure transactions in the region if completed, though the preliminary nature of discussions suggests significant uncertainty remains regarding timing and final structure.